SBI Sumishin Net Bank's Nine-Month Profit Jumps 7%

MT Newswires Live
31 Jan

SBI Sumishin Net Bank's (TYO:7163) profit attributable to owners of the parent rose 7.0% to 19.5 billion yen in the fiscal first nine months ended Dec. 31, from 18.3 billion yen a year ago.

The internet bank said basic earnings per share rose to 129.58 yen from 121.06 yen a year ago, according to a Tokyo Stock Exchange filing.

Ordinary income increased 21% to 103.6 billion yen from 85.3 billion yen a year earlier.

It forecasted attributable profit to grow 13% to 28.0 billion yen and EPS to come in at 185.68 yen for the fiscal year ending March 31.

The company expects to pay a year-end dividend of 9.50 yen for the current fiscal year.

SBI Sumishin Net Bank shares gained nearly 10% at market close.

Price (JPY): $4760.00, Change: $+420, Percent Change: +9.55%

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